Which One of the Following General Statements Is Correct -

question 6

Multiple Choice

Which one of the following general statements is correct -

• A)a sales discount is recorded as a negative amount in the receipts journal
• B)a sale return is recorded as a negative amount in the sales journal
• C)cash sales are recorded as other receipts in the receipts journal
• D)a and b above are correct

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Definitions:

Sophisticated Technologies

Advanced and complex technological systems or devices that offer improved capabilities or performance.

Computer Technology

Computer technology encompasses the hardware and software components required for the processing, storage, and communication of digital information.

Skilled Employees

Workers who have acquired special abilities and knowledge through training or experience, enhancing their performance and productivity.

Production Rates

The speed at which goods are manufactured or services are provided in a specified period.